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Inflation, consumer price index
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
inflation, Wall Street
Stock market today: Dow, S&P 500, Nasdaq soar as inflation cools, bank earnings shine
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading. It had been up at its highest level in more than a year, serving as a headwind for stocks.
Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season
Wall Street ticks higher after encouraging inflation data
U.S. stocks are ticking higher Tuesday following an encouraging update on inflation. The S&P 500 was 0.5% higher in early trading. The Dow Jones Industrial Average was up 164 points, or 0.4%, as of 9:35 a.
US, inflation
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee will open at 86.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar falls to a one-week low as investors turn cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year-on-year in December but core inflation is seen unchanged at 3.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
1h
on MSN
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
1h
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
4h
on MSN
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
5h
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
7h
on MSN
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
6h
December inflation report shows a rise of 0.4% month over month
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
19m
on MSN
Bitcoin rebounds to $100,000 as inflation data puts Fed rate cuts ‘back on the table’
Bitcoin has changed direction after weeks of retreat during which crypto investors dumped risky assets. The cryptocurrency ...
36m
Opportunities For Business Owners In The Inflation Reduction Act
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
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